Your email has been successfully added to our mailing list.

×
0 -0.000717911530094273 -0.000717911530094273 -0.000435097897026848 0 0 0 -0.000145032632342325
Stock impact report

Evian maker Danone defeats lawsuit over 'carbon neutral' claim [Yahoo! Finance]

DANONE S/ADR (DANOY) 
Company Research Source: Yahoo! Finance
neutral" claim on bottles, as a U.S. judge reversed his earlier ruling letting the proposed class action proceed. Consumers accused Danone of defrauding them into buying Evian, not knowing that its manufacturing process allowed the release of carbon dioxide into the atmosphere. U.S. District Judge Nelson Roman in White Plains, New York, had ruled on Jan. 10 that "carbon neutral" was ambiguous, and Danone expected "too much" for consumers to figure out what Evian labels meant. After Danone asked for reconsideration, Roman said in a decision on Thursday he now believed reasonable consumers would "look beyond the front label," which depicted mountains and said Evian was sourced from the French Alps, and check the back label. There, Danone provided a link to Evian's website, which provided a fuller explanation of carbon neutral's meaning. Danone's representations "are technically true and relevant disclosures are made available to consumers," Roman wrote. The plaintiffs, Steph Show less Read more
Impact Snapshot
Event Time:
DANOY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for DANOY alerts
Opt-in for
DANOY alerts

from News Quantified
Opt-in for
DANOY alerts

from News Quantified